05-26-87 Council Meeting Minutes

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85 REGULAR MEETING MAY 26, 1987 the Area to be devoted to public ways, levees, sewerage, parks, playgrounds and other public purposes; and WHEREAS, the Commission has readopted the South Bend Central Development Plan (Development Plan) to serve as the plan for the redevelopment of the Area; and WHEREAS, the Commission has found and determined in its Resolution No. 800 that there is a substantial presence of factors such as excessive vacant land on which structures were previously located, abandoned or vacant buildings, old buildings, excessive vacancies, substandard structures, and delinquency in payment of real property taxes in the Area; and WHEREAS, the Commission has submitted its Resolution No. 800, together with supporting data, to the Area Plan Commission of St. Joseph County, and the Area Plan Commission of St. Joseph County by its Resolution No. 92, adopted on May 19, 1987, approved, ratified and confirmed the Development Plan and determined that Resolution No. 800 and the Development Plan conform to the master plan of development for the City of South Bend; and WHEREAS, the South Bend Common Council, as governing body of the City, is required by the Act to approve an order of the Plan Commission and is further required by certain provisions of the Tax Reform Act of 1986 to designate the area as blighted and to adopt the Development Plan; and WHEREAS, the Common Council has received from the Commission certain findings of fact which concern the location, physical condition of structures, land use, environmental influences and other economic conditions of the Area, a copy of which findings of fact are attached hereto and incorporated fully herein as Exhibit A; and WHEREAS, the Common Council is cognizant of under Title VI of the Civil Rights Act of 1964, shall, on the grounds of race, age, sex, color, excluded from participation in or be denied the discrimination in the undertaking and carrying project. the conditions that are imposed as amended, providing that no person religion, or national origin, be benefits of, or be subjected to Dut of any federally- assisted NOW, THEREFORE, BE IT RESOLVED by the South Bend Common Council, as follows: Section 1. The order of the Area Plan Commission of St. Joseph County, pursuant to its Resolution No. 92, attached hereto as Exhibit B and made a part hereof, is in all respects approved. Section 2. The Common Council hereby finds and determines that there is a substantial presence of factors such as excessive vacant land on which structures were previously located, abandoned or vacant buildings, old buildings, excessive vacancies, substandard structures and delinquency in payment of real property taxes in the Area. Section 3. The Common Council hereby finds and determines, based upon the aforementioned evidence consisting of the maps and plats of the Area and findings of fact now submitted to it, that the Area which has previously been found by the Commission to be blighted, continues to be blighted to an extent that cannot be corrected by regulatory processes or by the ordinary operation of private enterprise without resort to the Act and that the public health and welfare will continue to be benefitted by the continued acquisition and redevelopment of the Area under the Act. Section 4. The Common Council hereby finds that the Area continues to be a menace to the social and economic interest of the City and its inhabitants, and it will continue to be of public utility and benefit to continue to acquire and redevelop the Area under the Act. Section 5. The Common Council hereby finds and determines that the objectives of the Development Plan cannot be achieved through more extensive rehabilitation of the area. Section 6. The Common Council hereby finds and determines that the Area consists of four hundred forty -seven (447) acres and is contiguous and compact. Section 7. To the extent that qualified redevelopment bonds under Section 144(c) of the Internal Revenue Code of 1986 are issued to pay for all or a part of the redevelopment within the area, the use of proceeds of such bond issues shall be limited as required by Section 144(c), and no use of the property within the area shall be allowed which use would be prohibited by Section 144(c). Section 8. The Common Council hereby finds and determines that the Commission Resolution No. 800 and the Development Plan are in all respects approved and adopted and directs the City Clerk to file certified copies thereof with the minutes of this meeting.